ALIBABA AND YUUZOO SIGN AGREEMENTFOR YUUZOO TO MANAGE AND RUN ALIBABA SPORT GROUP&rsquo SE-SPORT EVENTS IN CHINA- YuuZoo signs agreement with Alibaba, the largest e-commerce and paymentcompany in China, for YuuZoo&rsquo s Chinese JV YuuGames to manage and run Alibaba&rsquo seSport events throughout China- Alibaba through Alisports group plans to invest RMB 100 million (US$ 15.4 million)for WESG alone- Multimillion-dollar contract reinforces the position of YuuGames as a leadingorganiser of eSport events in China- Partnership with China&rsquo s largest e-commerce and payment company opens the doorfor discussions about co-operation in YuuZoo&rsquo s other areas of activity in China,including games, social networking, e-commerce and payments- RMB 35.6 million (US$5.5 million) prize money awaits grand champion of thecompetitionSingapore & Shanghai, 30th March 2016: Singapore-listed YuuZoo Corporation Limited (&ldquo YuuZoo&rdquo SGX:AFC.SI), a leading global third generation social e- and m-commerce company, in a press conferenceorganised today in Shanghai with the Alibaba Group, announced that it has signed an agreement withAlibaba Sports Group (&ldquo AliSports&rdquo ). Under this agreement, YuuZoo, through its Chinese JV YuuGames,will organise and run the AliSports World Electronic Sport Games (&ldquo WESG&rdquo ), as well as manage the ESportsClubs Competition Center for Alibaba throughout China. WESG will commence in April 2016 withthe 20 appointed e-sports clubs competition centers. Contest participants will compete for the RMB 35.6million (US$5.5 million) prize money.AliSports is the newly-formed sports division of global e-commerce powerhouse Alibaba. It targetsChina&rsquo s highly lucrative sports industry, which is expected to grow to US$813.87 billion by 2025.1AliSports will be engaged in different sectors of the sports industry, including eSports. The group plans toinvest RMB 100 million (US$ 15.4 million) for WESG alone.Under the agreement, AliSports will pay YuuGames a multimillion US dollar fee to organise and run WESGand manage AliSports&rsquo E-Sports Clubs Competition Center. Through this deal, YuuZoo will gain a significantmumber of new users, who will be added to YuuZoo&rsquo s fast-growing userbase. Further, YuuZoo will generateadditional revenue from promotional fees, advertising revenue, and e-commerce sales.

1 Source:  http://news.xinhuanet.com/english/2015-09/09/c_134&hellip 2 of 3AliSports and YuuGames are planning to launch several eSports events this year in 15 cities across China,which is home to over 100 million eSports fans,2 and over 440 million gamers.Thomas Zilliacus, chairman of both YuuZoo and YuuGames says, &ldquo We are very proud to have beenselected by Alibaba Group and AliSports to be their partner and to organise their eSports events throughoutChina. This comes hot on the heels of YuuGames organizingsome of China&rsquo s largest eSport events, the highly successfulESCC and CIG games, in partnership with key ChineseGovernment entities. We are confident that we can makeAlibaba&rsquo s World Electronic Sport Games a hugely successful andleading event in China&rsquo s massive gaming market. As a newpartner to China&rsquo s largest e-commerce group, we are not onlylooking to reinforce our position as a leader in China&rsquo s eSportssector, but also to discuss opportunities with Alibaba Group tojointly grow YuuZoo&rsquo s other China-based businesses, includingour gaming business, payment business and social e-commercebusiness.&rdquo At the press conference Zhang Dazhong, CEO of AliSportssaid, &ldquo Sports is a multibillion dollar business in China, withmassive growth potential. That is why Alibaba is investing heavilyin this vertical. Linking sport and technology enhances the qualityof life. That is what we want to do through AliSports. We arehappy and proud to have YuuZoo as a partner. In YuuGames,we have found a partner who shares our ideals. With YuuGames&rsquo much lauded successes in organizing the top eSport events inChina, it was easy for us to choose them as our official partner inorganising our events. We look forward to working with them aswe kick off World Electronic Sport Games in April.&rdquo .-ENDABOUTYUUZOO:Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 118 millionregistered users and hundreds of millions of TV viewers across 164 countries, YuuZoo uniquely combinessocial networking, e-commerce, gaming and payments in a mobile-optimised, fully localised &lsquo TribalMarketplace&rsquo , where the consumer can choose the Tribe to join and access hundreds of tribal and targetedsocial networks, shops and entertainment through one single login. All networks are by franchiseeslocalised for each market as comes to language as well as merchandise and design. Based on this businessmodel, unique in the digital space, YuuZoo is able to grow internationally at a very low cost. The model hasconsistently generated strong margins. To see the networks, log into: www.yuuzoo.com. For moreinformation about YuuZoo, please log on to:  www.yuucorp.com